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Dipolog Rice Mill Trial Balance Account Titles Debit (P) Credit (P) Cash in Bank 76,200 Petty Cash Fund 500 Accounts Receivable 33,000 Advances to Employees 15,000 950,000 Diesoline Inventory Satake Rice Mill Furniture & Fixtures Accounts Payable 80,000 Unearned Milling Income 7,000 E. Esparaguera, Capital E. Esparaguera, Drawings Milling Income Salaries & Wages Taxes & Licenses Repairs & Maintenance Light and Water 1,130,000 8,000 52,000 15,000 2,800 500 8,000 Totals 1,189,000 1,189,000

Dipolog Rice Mill Trial Balance Account Titles Debit (P) Credit (P) Cash in Bank 76,200 Petty Cash Fund 500 Accounts Receivable 33,000 Advances to Employees 15,000 950,000 Diesoline Inventory Satake Rice Mill Furniture & Fixtures Accounts Payable 80,000 Unearned Milling Income 7,000 E. Esparaguera, Capital E. Esparaguera, Drawings Milling Income Salaries & Wages Taxes & Licenses Repairs & Maintenance Light and Water 1,130,000 8,000 52,000 15,000 2,800 500 8,000 Totals 1,189,000 1,189,000

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Give its financial statements

Dipolog Rice Mill Trial Balance Account Titles Debit (P) Credit (P) Cash in Bank 76,200 Petty Cash Fund Accounts Receivable Advances to Employees Diesoline Inventory 500 33,000 15,000 Satake Rice Mill 950,000 Furniture & Fixtures Accounts Payable Unearned Milling Income E. Esparaguera, Capital E. Esparaguera, Drawings Milling Income 80,000 7,000 1,130,000 8,000 52,000 Salaries & Wages 15,000 Taxes & Licenses Repairs & Maintenance Light and Water 2,800 500 8,000 Totals 1,189,000 1,189,000
Transcribed Image Text:Dipolog Rice Mill Trial Balance Account Titles Debit (P) Credit (P) Cash in Bank 76,200 Petty Cash Fund Accounts Receivable Advances to Employees Diesoline Inventory 500 33,000 15,000 Satake Rice Mill 950,000 Furniture & Fixtures Accounts Payable Unearned Milling Income E. Esparaguera, Capital E. Esparaguera, Drawings Milling Income 80,000 7,000 1,130,000 8,000 52,000 Salaries & Wages 15,000 Taxes & Licenses Repairs & Maintenance Light and Water 2,800 500 8,000 Totals 1,189,000 1,189,000
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